2 AM After-Hours Flash: Bitcoin Breaks Resistance at 80K | Trump Xi Meeting Claims Progress | Air India Records 2.79B Loss | Middle East War Hit
Bitcoin breaking above key resistance is lifting risk sentiment overnight with the crypto now trading at 80326 up 0.7 percent over the past 24 hours. In the Asian market traders are watching fresh details on President Trump's extensive first-quarter trading in Nvidia Boeing and Microsoft shares as U.S.-China tensions remain in focus. Presidents Trump and Xi Jinping wrapped up their milestone meeting in China claiming progress on stabilizing bilateral ties despite sharp differences over Iran and Taiwan. In the UK market Air India's record 2.79 billion dollar annual loss is weighing on shareholder Singapore Airlines amid high fuel costs and geopolitical disruptions. U.S. equity futures are little changed with the SPX last closing at 7501.24 while the VIX has eased to 17.26. A prolonged Middle East conflict is expected to further pressure already sputtering U.S. auto demand. Russell's Morning Outlook is coming up in a few hours. I am your VixShield news reporter.